Pankaj Mahtani, Senior Payroll Specialist

Pankaj Mahtani

Senior Payroll Specialist

Al Ghurair Investment

Location
United Arab Emirates
Education
Bachelor's degree, Finance & Accounting
Experience
21 years, 6 Months

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Work Experience

Total years of experience :21 years, 6 Months

Senior Payroll Specialist at Al Ghurair Investment
  • United Arab Emirates - Dubai
  • My current job since June 2012

Profile Highlights:-

 End to End payroll processing for 28000+ employees.
 Ensure timely and error free payrolls.
 End to End processing for EOS benefits for staff and front liners as per UAE labour laws.
 Provide monthly group reporting on headcounts, payroll status by vertical and business units including details of Overtime, Advances, and End of Service for decision making.
 Highly proficient with advanced MS Excel skills
 Process Owner /Key User in implementation of EBS Oracle R12 (Core HR /Payroll).
 As a Subject Matter Expert (SME) with 10+ years of Group knowledge, provided the Future Dynamics team with detailed knowledge of group payroll (End of Service, Leave Salary, Leave Encashment, & Benefits) for implementing of ERP D-365.
 Monthly payroll process amounting to AED 50 million+
 Total payroll processing for 50 business units across the group.
 Key source of miscellaneous Group level staff reports.
 Extending support to HR for Internal & External Audits requirements/reporting.
 Experience in Regional Payroll for KSA, Qatar.
 Ensure that defined check, controls and validations are in place and adhered.
 Entire payroll routing online thru WPS process thru banks and exchange houses.
 Reviewing & approving payrolls for 25 BU’s processed in other ERP systems.





Summary of Duties & Responsibilities

 Entry & Uploading Leaves (Annual, leave, Leave without Pay, Compensatory leave, Accident leave, Sick leave & Resumption)
 Entering of deductions, miscellaneous payment as per BU submission.
 Processing Payments of (Advance Annual Leave, Monthly Overtime, Sales Incentive, Trips Allowance)
 Deals with salary queries to Clients and staff.
 Processing & write off Loan Payments (Furniture Loan, House Rent Loan & Other Loan Mobile / Blackberry Payments)
 Printing, Segregating and Dispatching of Pay slips to 31 Group Units.
 Running the Costing and Transfer to GL & Assisting units with Costing and GL queries.
 Liaise with Banks on behalf of employee and BU queries related to salaries.
 Conduct timely meetings with BU Representatives, Bank & C3cards

Senior Accountant & Payroll Executive at Yogi Group of Companies
  • United Arab Emirates - Dubai
  • November 2002 to June 2012

 Preparation of profit & loss account and Balance sheet on monthly basis
 Monthly reconciliation of all transactions that is inter-division in nature.
 Coordination with auditors for annual closing of accounts
 Processing application for bank guarantees for construction projects.
 Reconciliation of the statement of guarantees with bank statements on monthly basis
 Applying / maintaining Visas guarantees & absconding labor guarantees, their renewals and cancellation
 Obtaining and renewing vehicle insurance and their renewals.
 Workmen compensation & Group life policy for workers and staff
 Co-ordination with site foremen & engineers for time sheets of labor at the end of the month for the preparation of invoices.
 Preparation of monthly sales invoices to respective parties where labors are supplied.
 Finalizing the rates with project managers for different project for the requirement of the labors to be supplied.
 Collect, compile and process all payroll data to ensure receipt of salaries by all employees of the entire Group in time.
 To manage and administer leave & cancellation of all employees including processing of leave & end of service benefits settlement of all employees (more than 1000 nos) as per UAE labor law applicable.
 Verify the check-list of formalities to be completed at the time of an employee’s severance or when being transferred from one Group.
 Preparing a brief report for absconding staff profit & loss a/c quarterly once bank guarantee is filed.

Education

Bachelor's degree, Finance & Accounting
  • at JDB BYtco College of Commerce,Nasik (MS)
  • June 2000

Honors.

Specialties & Skills

Languages

English
Expert
Hindi
Expert
Marathi
Expert
Marathi
Expert

Hobbies

  • Music, sports,travelling